Sunday, August 25, 2024
Saudi Arabia arrests an Expatriate on Financial fraud crime
An expatriate was taken into custody by the Public Prosecution in Saudi Arabia and sent him to a criminal court on charges of financial fraud. Subscribe to Saudi Expatriates on YouTube
The Public Prosecution urged the court to punish him with the maximum prison term of 7 years and a fine of up to 5 million Saudi Riyals, as outlined in the Cybercrime Law and the Anti-Financial Fraud and Breach of Trust Law.
- After investigation into the matter, investigators discovered that the expat was guilty of financial fraud. They claimed that he stole money by stealing the personal details of several people from an online platform and used them to get driver's licenses.
- Authorities discovered that the accused had secretly opened bank accounts using the victims data and personal information. Recommend : KSA considers Expat levy and Custom duty exemption on non-profit sector
- After the Public Prosecution finished their investigation into the financial fraud charges he committed, they made the arrest.
- People should be careful with their private information and not give it to just anyone, stated the Saudi Public Prosecution.
- The authority highlighted that there will be harsh legal implications for individuals who steal money from others through fraud. Trending : More information on new amendments of Saudi Labor Law
Saudi Arabia arrested an Expatriate on Financial fraud crime
